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NEW YORK ( TheStreet) -- Copa Holdings (NYSE: CPA) hit a new 52-week high Thursday as it is currently trading at $85.04, above its previous 52-week high of $83.48 with 687,492 shares traded as of 12:54 p.m. ET. Average volume has been 352,700 shares over the past 30 days. Copa has a market cap of $2.59 billion and is part of the services sector and transportation industry. Shares are up 31.5% year to date as of the close of trading on Wednesday. Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers air transportation services for leisure and business travelers; and cargo and courier services. The company has a P/E ratio of 11.3, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7.